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Assume the following facts: - WKS Corp. has 1 ,000 shares of common stock outstanding. - You own 450 and I own 550 of these
Assume the following facts: - WKS Corp. has 1 ,000 shares of common stock outstanding. - You own 450 and I own 550 of these shares. The WKS board consists of seven directors, all of whom are up for election. 0 WKS is a Delaware corporation and its charter provides for cumulative voting. 0 Your preferred director candidates in order of preference are A, B, C, D, E, F, and G. a My preferred director candidates in order of preference are H, I, J, K, L, M, and N. 1. How many directors can you elect? How many can I elect? 2. How should you cast your votes? How should I cast my votes? Make sure you detail how you arrived at your answers
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